The Issues Around Crude Oil Theft in Nigeria and Plausible Options to Reducing Same

Many oil and gas exploration & production companies in Nigeria, are struggling with oil theft along the gas pipeline network, prior to reaching the export terminal. It is reportedly, as bad as 80%- 90% of the injected crude being, allegedly, stolen and or lost. Thus, many of these oil and gas exploration & production companies are looking at alternative arrangements for the transportation of their hydrocarbons to the relevant export terminals.